Atomera Incorporated $ATOM Shares Purchased by Quantum Private Wealth LLC

Quantum Private Wealth LLC boosted its holdings in Atomera Incorporated (NASDAQ:ATOM) by 13.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 598,847 shares of the technology company’s stock after acquiring an additional 71,739 shares during the period. Quantum Private Wealth LLC owned 1.89% of Atomera worth $1,323,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in ATOM. Geode Capital Management LLC grew its holdings in shares of Atomera by 98.3% during the second quarter. Geode Capital Management LLC now owns 719,509 shares of the technology company’s stock worth $3,627,000 after buying an additional 356,579 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Atomera by 82.3% during the first quarter. Goldman Sachs Group Inc. now owns 140,254 shares of the technology company’s stock worth $561,000 after buying an additional 63,305 shares in the last quarter. UBS Group AG grew its holdings in shares of Atomera by 45.1% during the third quarter. UBS Group AG now owns 170,163 shares of the technology company’s stock worth $752,000 after buying an additional 52,920 shares in the last quarter. Rhumbline Advisers purchased a new stake in shares of Atomera during the second quarter worth about $230,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Atomera during the third quarter worth about $148,000. 30.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ATOM has been the subject of a number of recent research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Atomera in a report on Friday. Wall Street Zen upgraded shares of Atomera from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Atomera Stock Performance

ATOM opened at $7.49 on Wednesday. Atomera Incorporated has a 1 year low of $1.89 and a 1 year high of $11.48. The company’s 50 day simple moving average is $5.95 and its 200 day simple moving average is $4.00. The stock has a market capitalization of $290.01 million, a PE ratio of -11.52 and a beta of 2.00.

Atomera (NASDAQ:ATOM) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported ($0.17) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.04). The business had revenue of $0.01 million for the quarter, compared to the consensus estimate of $0.08 million.

Atomera Company Profile

Atomera Inc is a materials engineering company that develops and licenses advanced thin film technologies for the semiconductor industry. Its flagship offering, Mears Silicon Technology (MST), is designed to enhance transistor performance, improve power efficiency and boost device yields. Atomera’s solutions are integrated into existing fabrication processes without major changes to equipment or materials flows, enabling foundries and integrated device manufacturers to adopt the technology with minimal disruption.

At the core of Atomera’s business model is the licensing and patent-licensing of MST.